Hennepin Co. extends hours as more Minnesotans prepay property taxes

President Donald Trump displays the $1.5 trillion tax overhaul package he had just signed Friday Dec. 22 2017 in the Oval Office of the White House in Washington. Trump touted the size of the tax cut declaring to reporters in the Oval Office before

As a result, more people will choose not to itemize deductions on their 2018 federal income tax returns (filed in 2019) and will be unable to deduct 2018 property taxes.

Taxpayers in Oswego County can now prepay 2018 county and town property taxes, officials said Tuesday.

"As Washington wages an all-out assault on this state and this nation, I have authorized local governments to allow property owners to pay part or all of their taxes early,"said Cuomo in a statement".

Doing so might help homeowners who expect their 2018 state and local tax burden will exceed $10,000, as well as those who expect to itemize in 2017 but not itemize after the new law boosts the standard deduction to $12,000 for individuals and $24,000 for married couples. Bills have been printed and given to town tax collectors, but will likely not arrive in mailboxes before the end of the week.

More news: Four dead found in Troy, NY, home; police treating as homicide

The Township does not provide estimated tax payments for 2018 other than the first two-quarters of taxes which have already been billed. Cuomo directed the state Department of Taxation and Finance to work with local governments to facilitate early tax collection. Payments are made to local municipal tax collectors.

In New Jersey, state Senate President Stephen Sweeney has asked Republican Governor Chris Christie to make it easier for residents to pay their entire 2018 property-tax bill by December 31. This year, the county's tax warrant will be dated Friday, Dec. 29.

In a statement, Collins said the tax overhaul would save the average family in his district $1,875 per year.

Every congressional Democrat from NY voted against the bill as did five Republicans - Dan Donovan, John Faso, Peter King, Elise Stefanik and Lee Zeldin.

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